* Throughout this Review, sales include Group revenue and the Group’s share of joint-ventures’ revenue, and profit
refers to operating profit before specific items. Specific items are not defined under IFRS and may not be comparable
to similarly titled measures used by other companies. Specific items are material items which are highlighted by virtue
of their size or importance to enable a full understanding of BBC Worldwide’s performance. A full definition of
specific items and a reconciliation to profit before tax is provided in Financials.
During the year, BBC Worldwide has voluntarily chosen to employ International Financial Reporting Standards (IFRS), as adopted by the European Union, as the basis for the preparation of its consolidated financial results. This is in line with best practice and to allow greater comparability with other organisations. Throughout this Review all results are extracted from BBC Worldwide’s financial statements and presented consistently under IFRS, unless otherwise stated.